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Nikkei stocks rises 1.2% on yen depreciation, oil prices

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Capital Market
Japanese share market finished sharp higher on Friday, 28 November 2014, as investors chased for bargain buying, with exporters, airline and transport logistics stocks being major gainers, thanks to yen depreciation against the greenback and declines in crude-oil prices. The Nikkei Stock Average ended up 1.2% at 17459.85, snapping a two-day losing streak. For the week, the index added 0.6%, and is now up 7.2% year to date.

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First Published: Nov 28 2014 | 3:59 PM IST

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